Duke Energy Corp. (NYSE: DUK): Do Not Miss The Gain Train

Duke Energy Corp. (DUK) concluded trading on Thursday at a closing price of $99.03, with 2.54 million shares of worth about $251.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.84% during that period and on April 25, 2024 the price saw a gain of about 0.07%. Currently the company’s common shares owned by public are about 771.00M shares, out of which, 770.26M shares are available for trading.

Stock saw a price change of 3.23% in past 5 days and over the past one month there was a price change of 5.72%. Year-to-date (YTD), DUK shares are showing a performance of 2.05% which decreased to -0.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $83.06 but also hit the highest price of $100.39 during that period. The average intraday trading volume for Duke Energy Corp. shares is 3.03 million. The stock is currently trading 2.96% above its 20-day simple moving average (SMA20), while that difference is up 4.82% for SMA50 and it goes to 6.64% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Duke Energy Corp. (NYSE: DUK) currently have 771.00M outstanding shares and institutions hold larger chunk of about 65.96% of that.

The stock has a current market capitalization of $76.40B and its 3Y-monthly beta is at 0.45. PE ratio of stock for trailing 12 months is 26.85, while it has posted earnings per share of $3.69 in the same period. Its PEG reads 3.91 and has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DUK, volatility over the week remained 1.75% while standing at 1.59% over the month.

Stock’s fiscal year EPS is expected to rise by 7.30% while it is estimated to increase by 6.07% in next year. EPS is likely to shrink at an annualized rate of 6.86% for next 5-years, compared to annual growth of 7.61% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on February 12, 2024 offering a Neutral rating for the stock and assigned a target price range of between $105 and $96 to it. Coverage by Evercore ISI stated Duke Energy Corp. (DUK) stock as an Outperform in their note to investors on January 23, 2024, suggesting a price target of $108 for the stock. On January 10, 2024, RBC Capital Mkts Upgrade their recommendations, while on November 30, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $103. Stock get an Overweight rating from Barclays on August 23, 2023.

Most Popular

Related Posts